{"id":522803,"date":"2021-08-04T07:03:46","date_gmt":"2021-08-04T11:03:46","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lizhi-enters-into-in-car-audio-collaboration-with-pateo\/"},"modified":"2021-08-04T07:03:46","modified_gmt":"2021-08-04T11:03:46","slug":"lizhi-enters-into-in-car-audio-collaboration-with-pateo","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lizhi-enters-into-in-car-audio-collaboration-with-pateo\/","title":{"rendered":"LIZHI Enters into In-car Audio Collaboration with PATEO"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">GUANGZHOU, China, Aug.  04, 2021  (GLOBE NEWSWIRE) &#8212; LIZHI INC. (&#8220;LIZHI&#8221; or the &#8220;Company&#8221;) (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, announced today that it has partnered with PATEO, a leading Internet of Vehicles (IoV) company in China, to boost the development of LIZHI\u2019s audio products in PATEO\u2019s loV system.<\/p>\n<p align=\"justify\">Founded in 2009, PATEO is one of China\u2019s leading IoV and intelligent networking connected car companies, and is committed to providing research and development, manufacturing and digital connectivity support services for intelligent in-car information systems. PATEO\u2019s software design is based on Service-Oriented Architecture (SOA) to offer users software applications for cockpit, vehicle, and autonomous vehicle usage scenarios. PATEO\u2019s technology has been integrated into close to 100 vehicle models from about 30 automobile brands across more than 30 countries and regions.<\/p>\n<p align=\"justify\">This partnership will enable synergetic collaboration between LIZHI and PATEO by bringing together sophisticated technologies from their respective fields. LIZHI will capitalize on PATEO\u2019s expertise in IoV and smart cockpits to further optimize the application of in-car audio products in various usage scenarios and provide users with more diverse in-car audio entertainment options.<\/p>\n<p align=\"justify\">LIZHI aims to offer users a high-quality in-car audio experience leveraging LIZHI\u2019s extensive and personalized audio content offerings, AI-powered intelligent recommendation and distribution systems, as well as the Company\u2019s in-house audio technology solution DOREME. Both LIZHI and PATEO will also actively work on exploring usage scenarios for in-car audio and the potential of in-car audio applications.<\/p>\n<p align=\"justify\">\u201cWe are very pleased to cooperate with LIZHI to jointly advance the development of the Internet of Vehicles ecosystem,\u201d said Mr. Ken (Yilun) Ying, Founder and Chief Executive Officer of PATEO. \u201cPATEO will utilize its unique software and hardware capabilities to promote the application of LIZHI\u2019s audio products in more in-car scenarios and at the same time accelerate the integration of LIZHI\u2019s audio products into automotive systems.\u201d<\/p>\n<p align=\"justify\">Mr. Jinnan (Marco) Lai, Founder and Chief Executive Officer of LIZHI, said, \u201cThe innovative spirit of PATEO\u2019s technologies is a perfect match for LIZHI\u2019s strategy in proprietary audio solutions. I believe that this partnership may bolster LIZHI\u2019s integration of audio into various devices and usage scenarios. In the future, we will continue enriching our audio content, advancing our proprietary technology, collaborating with more leading companies, and continuously providing diverse audio experiences to a wider range of users.\u201d<\/p>\n<p align=\"justify\">\n        <strong>About LIZHI INC.<\/strong>\n      <\/p>\n<p align=\"justify\">LIZHI INC. (the &#8220;Company&#8221; or &#8220;LIZHI&#8221;) has built an audio ecosystem with a global presence consisting of audio-based social networks, podcast content portfolios and audio communities. The Company aims to bring people closer together through voices by its product portfolios. LIZHI&#8217;s audio-based social networking product offering, including TIYA App, caters to users&#8217; evolving interest in social interactions in real time online and enables users to connect with friends having similar interests, entertain, chat online, and share their daily lives through voices. LIZHI also offers a vertical podcast platform, LIZHI Podcast, that provides users with curated content drawn from its extensive content library built over the years, as well as new podcasts provided by selected content creators. Since the launch of LIZHI App in 2013, the Company&#8217;s flagship platform, LIZHI has cultivated a vibrant and growing online UGC audio community and interactive audio entertainment platform where users are encouraged to create, share, discover and enjoy audio, and experience immersive and diversified entertainment features through audio. LIZHI envisions a global audio ecosystem \u2013 a place where everyone can be connected through voices and across cultures. LIZHI INC. has been listed on Nasdaq since January 2020.<\/p>\n<p align=\"justify\">\n        <strong>Safe Harbor Statement<\/strong>\n      <\/p>\n<p align=\"justify\">This press release contains forward-looking statements. These statements are made under the \u201csafe harbor\u201d provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company\u2019s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as \u201cmay\u201d, \u201cwill,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201ctarget,\u201d \u201caim,\u201d \u201cestimate,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cbelieve,\u201d \u201cpotential,\u201d \u201ccontinue,\u201d \u201cis\/are likely to\u201d or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company\u2019s filings with the Securities Exchange Commission. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.<\/p>\n<p align=\"justify\">\n        <strong>For investor and media inquiries, please contact:<br \/><\/strong><br \/>\n        <br \/>In China:<br \/>LIZHI INC.<br \/>IR Department<br \/>Tel: +86 (20) 3866-4265<br \/>E-mail: ir@lizhi.fm<\/p>\n<p align=\"justify\">The Piacente Group, Inc.<br \/>Jenny Cai<br \/>Tel: +86 (10) 6508-0677<br \/>E-mail: Lizhi@tpg-ir.com<\/p>\n<p align=\"justify\">In the United States:<br \/>The Piacente Group, Inc.<br \/>Brandi Piacente<br \/>Tel: +1-212-481-2050<br \/>E-mail: Lizhi@tpg-ir.com<\/p>\n<p>\u00a0<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMwMjQ5NSM0MzQwNTIxIzIxODg4NDg=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/5e44edc8-2063-4aa2-9934-f6654e0f3656\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>GUANGZHOU, China, Aug. 04, 2021 (GLOBE NEWSWIRE) &#8212; LIZHI INC. (&#8220;LIZHI&#8221; or the &#8220;Company&#8221;) (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, announced today that it has partnered with PATEO, a leading Internet of Vehicles (IoV) company in China, to boost the development of LIZHI\u2019s audio products in PATEO\u2019s loV system. Founded in 2009, PATEO is one of China\u2019s leading IoV and intelligent networking connected car companies, and is committed to providing research and development, manufacturing and digital connectivity support services for intelligent in-car information systems. PATEO\u2019s software design is based on Service-Oriented Architecture (SOA) to offer users software applications for cockpit, vehicle, and autonomous vehicle usage scenarios. PATEO\u2019s technology has been integrated &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lizhi-enters-into-in-car-audio-collaboration-with-pateo\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;LIZHI Enters into In-car Audio Collaboration with PATEO&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-522803","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>LIZHI Enters into In-car Audio Collaboration with PATEO - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lizhi-enters-into-in-car-audio-collaboration-with-pateo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LIZHI Enters into In-car Audio Collaboration with PATEO - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"GUANGZHOU, China, Aug. 04, 2021 (GLOBE NEWSWIRE) &#8212; LIZHI INC. (&#8220;LIZHI&#8221; or the &#8220;Company&#8221;) (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, announced today that it has partnered with PATEO, a leading Internet of Vehicles (IoV) company in China, to boost the development of LIZHI\u2019s audio products in PATEO\u2019s loV system. Founded in 2009, PATEO is one of China\u2019s leading IoV and intelligent networking connected car companies, and is committed to providing research and development, manufacturing and digital connectivity support services for intelligent in-car information systems. PATEO\u2019s software design is based on Service-Oriented Architecture (SOA) to offer users software applications for cockpit, vehicle, and autonomous vehicle usage scenarios. PATEO\u2019s technology has been integrated &hellip; Continue reading &quot;LIZHI Enters into In-car Audio Collaboration with PATEO&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/lizhi-enters-into-in-car-audio-collaboration-with-pateo\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-04T11:03:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMwMjQ5NSM0MzQwNTIxIzIxODg4NDg=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lizhi-enters-into-in-car-audio-collaboration-with-pateo\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lizhi-enters-into-in-car-audio-collaboration-with-pateo\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"LIZHI Enters into In-car Audio Collaboration with PATEO\",\"datePublished\":\"2021-08-04T11:03:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lizhi-enters-into-in-car-audio-collaboration-with-pateo\\\/\"},\"wordCount\":807,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lizhi-enters-into-in-car-audio-collaboration-with-pateo\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODMwMjQ5NSM0MzQwNTIxIzIxODg4NDg=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lizhi-enters-into-in-car-audio-collaboration-with-pateo\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lizhi-enters-into-in-car-audio-collaboration-with-pateo\\\/\",\"name\":\"LIZHI Enters into In-car Audio Collaboration with PATEO - 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(&#8220;LIZHI&#8221; or the &#8220;Company&#8221;) (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, announced today that it has partnered with PATEO, a leading Internet of Vehicles (IoV) company in China, to boost the development of LIZHI\u2019s audio products in PATEO\u2019s loV system. Founded in 2009, PATEO is one of China\u2019s leading IoV and intelligent networking connected car companies, and is committed to providing research and development, manufacturing and digital connectivity support services for intelligent in-car information systems. PATEO\u2019s software design is based on Service-Oriented Architecture (SOA) to offer users software applications for cockpit, vehicle, and autonomous vehicle usage scenarios. 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